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20121202
20121210
Search Results 0 to 4 of about 5 (some duplicates have been removed)
a week after the election. obama won the white house. but gays and lesbians lost the right to marry in california. >> we try to figure out what to do next. then we thought about the idea of a possible legal challenge to proposition eight. and serendipitously a friend of my wife's came by the table. >> reporter: the friend suggested they would find an ally in her former brother-in-law, who turned out to be ted olson, a towering figure in the conservative legal movement. so that stunned you, right? >> yes, more than stunned me. it stunned me, but i said if this is true, this is the home run of all times. i mean, the idea that ted olson, this arch conservative, the solicitor general for george bush, who had argued bush v. gore, and basically put me in bed for a couple of days, i was so depressed after bush v. gore, was interested in gay rights. i thought, let's check it out. >> reporter: didn't you have any doubts about ted olson? >> you know, they say that politics makes strange bedfellows. well, you don't have a stranger bedfellow than me and ted olson. >> i was skeptical, absolutely
, president obama, house speaker john boehner, met face to face at the white house today for the first time in more than three weeks. we do not have any details about today's conversations but reps on both sides say the lines of communication remain open. the two men last met on november 16th. also today, another republican senator announced his support for raising tax rates on wealthy americans. tennessee senator bob corker says if the gop agrees to the wealthy tax hike, republicans would be better positioned to negotiate for bigger spending cuts on social security and medicare. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year-end. a lot of people are putting forth a theory and i think it has merit where you give the president the 2% increase that he's talking about, the rate increase on the top 2%. and all of a sudden, the shift goes back to entitlements. and all of a sudden, once you give him the rate on the top 2%, it's actually much lesser tax increase than what he's been talking abo
. it is pretty clear to me they made a political calculation. >> president barack obama and gop leaders held one face to face meeting on the fiscal cliff since the election. that meeting took place more than two weeks ago. >>> the kansas city chiefs suited up and took the field today against carolina. that's despite the shock and horror of yesterday's suicide of linebacker jevon belcher. stay right there with full details in a full report on cnn in just a minute. >>> high winds and heavy rain are pummeling the northwest. the rainfall will continue throughout the day. some places have already seen a foot of rain since yesterday. people living in northern california, oregon and washington state are bracing for rising rivers and possible mudslides. >>> supporters of mohammad morsi blocked the high court from indefinitely suspending all court sessions. that would suspend a ruling on the drawing up of egypt's new constitution. president morsi declared his decisions are now immune from judicial oversight. >>> it is a frightening and deadly scene in japan. just look at this. at least two cars are still
. and it is unfortunate that the white house spent three weeks doing basically nothing. >> now, the republican counterproposal that we just heard about still includes those bush era tax cuts staying in place for everybody, which president obama has called a nonstarter. so what if we raised taxes a little bit? still be much lower than what americans paid just a generation ago. in 1980, the wealthiest americans paid a marginal tax rate of 70% of their income to uncle sam. now, tax reform under president reagan reduced that rate to 50% and in 1981, and closer to current levels in 1986. today, president obama wants to let the bush era tax cuts expire for wealthy americans only, taking up their marginal federal tax rate from 36% to 39.6%. we're talking about a 3.6 percentage point uptick for households making more than $250,000 a year, only on every dollar they make above the $250,000 amount. starts 2 s at $251,000. it is on the money you make on the margin. now, while i totally agree every penny counts when it comes to your money, when you compare that to the taxes most americans paid out in past
Search Results 0 to 4 of about 5 (some duplicates have been removed)